Active Listings
65
⇩ 3% vs 67 last year
Oakhaven
Data as of April 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38115) currently shows 65 active listings, with 16 pending sales. Homes are averaging 83 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 83 days on market compared to 70 days last year.
The median listing price has risen 3.4% year-over-year, from $116,000 to $120,000.
Whether you are buying or selling in MEMPHIS, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 36,574 · Density: 1,645.3/mi² · Median household income: $39,176
Typical home value: $117,561 · Homeownership: 22.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38115 | Memphis, TN 38115 | 0.0 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38141 | Memphis, TN 38141 | 2.7 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38138 | Germantown, TN 38138 | 4.2 mi | 130 | $88,391,810 | $492,500 | $679,937 |
| 38120 | Memphis, TN 38120 | 4.8 mi | 94 | $64,776,246 | $478,688 | $689,109 |
| 38111 | Memphis, TN 38111 | 5.9 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38114 | Memphis, TN 38114 | 7.5 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38018 | Cordova, TN 38018 | 7.9 mi | 153 | $65,400,003 | $359,000 | $427,451 |
| 38116 | Memphis, TN 38116 | 8.4 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38112 | Memphis, TN 38112 | 9.1 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38104 | Memphis, TN 38104 | 9.6 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38108 | Memphis, TN 38108 | 10.1 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38016 | Cordova, TN 38016 | 10.4 mi | 146 | $48,018,524 | $327,625 | $328,894 |
| 38133 | Memphis, TN 38133 | 11.6 mi | 66 | $21,566,358 | $318,700 | $326,763 |
As of April 2026, there are 65 active listings in MEMPHIS, TN (zip code 38115), compared to 67 the prior year.
The median listing price in MEMPHIS, TN 38115 is $120,000 as of April 2026, a 3.4% increase from $116,000 the prior year.
Homes in MEMPHIS, TN 38115 spend an average of 83 days on the market before going under contract, compared to 70 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MEMPHIS, TN 38115 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 83 days on market compared to 70 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38115 save an estimated $2,400 compared to a typical 5% commission on the median listing price of $120,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.